Giants, Hunter Pence agree to five-year, $90 million extension

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UPDATE: Andrew Baggarly of CSNBayArea.com hears that Pence’s new deal will include a no-trade clause.

1:30 p.m. ET: Alex Pavlovic of the San Jose Mercury News reports that the two sides have agreed to a deal, pending a physical.

1:28 p.m. ET: FOX Sports’ Ken Rosenthal adds that it would be a five-year, $90 million deal.

1:18 p.m. ET: CBS Sports’ Jon Heyman reports that the Giants and Pence are “closing in” on a $90 million deal. The contract would carry an AAV (average annual value) of $18 million per season, topping Andre Ethier’s five-year, $85 million ($17 million AAV) extension from last year. Pence’s new deal will likely set the bar for free agent outfielders like Shin-Soo Choo and Jacoby Ellsbury this winter.

10:08 a.m. ET: Hunter Pence is poised to do quite well in free agency this winter, but it’s possible he’ll come to an agreement with the Giants before getting a chance to hit the open market.

In an unusual scene, Andrew Baggarly of CSNBayArea.com reports that Pence and Giants president Larry Baer had a long discussion in the clubhouse “within earshot of reporters” after last night’s game in which they appeared to be discussing a new contract. Baer merely said that he was congratulating Pence for winning the team’s Willie Mac Award, given annually to the team’s most inspirational player, but the impending free agent confirmed that the two sides are discussing a contract and that a deal could be imminent.

“They’re about to get back to me, seriously,” Pence said. “So we’re either really close or really far away.”

Like, close as in he could reach an agreement before everyone scatters for the winter on Sunday?

“Yeah,” Pence said. “I’ll know shortly. We’ll just say we’re talking, I guess.”

His quotes came hours after general manager Brian Sabean called re-signing Pence the first priority among the “heavy lifting” prior to the start of the free agency period. The club also hopes to retain Tim Lincecum and Javier Lopez.

Pence has enjoyed one of his best seasons this year, batting .282/.339/.481 with 26 home runs and 94 RBI over 160 games. The 30-year-old has previously said that he would pass up free agency to sign a multi-year deal with the Giants, but he’s obviously not going to come cheaply.

Brewers are interested in Jake Arrieta

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Jon Morosi of MLB Network reports that the Brewers may be interested in Jake Arrieta.

The Brewers could definitely use a front line starter, especially with Jimmy Nelson slated to miss a good chunk of next season due to a rotator cuff injury. Arrieta will be expensive, obviously, but the Brewers have a lot more payroll flexibility than most teams, with only minimal money due on long term contracts. Most of that is for Ryan Braun, but even the outlay for him is reasonable, with deferred money involved. Tom Haudricourt of the Journal-Sentinel laid all of that out back in October.

Milwaukee had a surprisingly good 2017 and they have the ability to add in free agency or to take on salary in trades if they want to. Maybe they don’t get Arrieta but they could make a splash this offseason.